Chinese Tesla Rival Xpeng Motors Gets $76 Million Investment From Government
China — Electric carmaker Xpeng Motors has got a new round of investment from the government of the southern Chinese province of Guangdong. The 500 million yuan ($76.9 million) funding from Guangdong Yuecai Investment Holdings Co., the province’s investment arm,…
Volvo Group Venture Capital Invests In EV Charging Software Company Driivz
Volvo Group Venture Capital AB has invested in Driivz Ltd., a global EV charging software company which has developed a platform for managing large charging networks for electric vehicles from end-to-end. The Driivz platform functions as an operating system for…
Decision To Install Charging Point At Every 3 Km Paving Way For Delhi As EV Capital: Transport Minister Gahlot
Transport Minister Kailash Gahlot said the AAP government’s decision install a charging point at every three kilometers will pave the way for making Delhi the “electric vehicle” capital. He said the Delhi government has taken a lead across India in…
Government Approves Use Of Ethanol-Gasoline Blend As Automotive Fuel
The Ministry of Road Transport and Highways has greenlighted the use of E20 – a blend of 20% ethanol and 80% gasoline – as an automotive fuel. Mass emission standards for the use of E20 have also been notified in…
Nissan Using Second-Life LEAF Batteries In Factory AGVs
Nissan has begun using second-life battery modules from first-generation LEAF electric vehicles as the power supply for automated guided vehicles (AGVs) in its plants. At Nissan’s Oppama plant, south of Tokyo, there are more than 700 AGVs. Globally, Nissan has…
Europe Sees EV Battery Self-Sufficiency By 2025
European firms will have the capacity to supply all the lithium-ion batteries needed for the continent’s automakers by 2025 as they ramp up electric vehicle output to meet strict pollution limits, EU officials said. The bloc is banking on its…
Triton EV Establishes India Entity ‘Triton Electric Vehicle India‘ In New Delhi
New Jersey-based Triton Electric Vehicle registered an Indian subsidiary under ‘Triton Electric Vehicles India Private Limited’ – in New Delhi. The move comes after the parent company aggressively advertised its plans to enter the Indian market. The newly formed entity’s…
Ideanomics Invests In Italian Electric Motorcycle Company, Energica Motor Company
Ideanomics (“Ideanomics” or the “Company”) is pleased to announce it has acquired 20% of Italian Energica Motor Company S.p.A. (Energica) for the consideration of $13.2 million. It develops high performance 100% battery-powered motorbikes. With this investment in Energica, Ideanomics expands…
Indian Electric Rickshaw Industry Revenue Worth $1,394.2 Million By 2025
Most of the people living in Indian cities are still not wealthy, which is why the need for cost-effective public transportation, especially for short distances, has always been high. This factor is expected to propel the Indian electric rickshaw market…
Mullen Technologies And NexTech Batteries Will Deliver The Most Advanced Lithium-Sulfur Battery Technology Available Today
Mullen Technologies, Inc. (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element, Inc. in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the…
